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Carlyle Buys $7.7 Billion in Consumer Loans as Truist Revamps

Bloomberg Markets Friday 16 October 2026, 10:30 UTC By Scott Carpenter 1 min read
Key Points

Carlyle Group Inc. has agreed to buy $7.7 billion of unsecured personal loans from Truist Financial Corp., among the asset manager’s largest such deals as it expands a push into asset-back credit.

Carlyle Group Inc. has agreed to buy $7.7 billion of unsecured personal loans from Truist Financial Corp., among the asset manager’s largest such deals as it expands a push into asset-back credit.
Carlyle Buys (ORG) Consumer Loans (ORG) Truist Revamps Carlyle Group Inc. (ORG) Truist Financial Corp. (ORG)
Originally published by Bloomberg Markets Read original →

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